The Singapore government helps the poor to cope with rising prices by distributing tax-free cash, price subsidies and other subsidies. At the same time, the government also strictly controls prices and adjusts the prices of daily necessities to slow down the impact of price increases on consumers. In addition, the government has also implemented tax increase policies such as resident income tax, personal foreign exchange income tax and corporate income tax to adjust the social equity of high-income groups.

In addition, the government also implements preferential loan policies, regularly reviews market prices such as house prices, and issues employment security measures to help vulnerable groups and ordinary people cope with rising prices. ……

This set of measures in Singapore can be used as a reference for other countries to follow suit. First of all, other countries can also formulate effective policies to help vulnerable groups and ordinary people cope with rising prices, such as issuing tax-free cash, price subsidies, public expenditure subsidies, interest rate relief and so on. Secondly, other countries can follow Singapore's example, implement tax increase policies and increase taxes such as resident income tax, personal foreign exchange receipts and payments tax and corporate income tax, so as to increase government revenue and achieve social equity. In addition, other countries can also adopt preferential loan policies similar to those in Singapore, monitor the fluctuation of prices and house prices, and introduce employment security measures for different groups to resist the impact of rising prices on consumers. In short, the measures introduced by Singapore are worth learning and emulating by other countries.